Belgian mint to close
The Royal Mint of Belgium will stop its operations on 1 January 2018. The mint produces circulating Belgian euro coins, as well as Belgian commemorative coins. The contract for producing Belgian euro coins will be assigned elsewhere through a bidding process and the machinery of the mint will be sold. The country’s central bank, the National Bank of Belgium issued the orders, which said demand for euro coins in the small European country has declined rapidly during the past 7 years. The mint forecasts production for 2017 to be below 64 million coins, almost half of the 125 million produced in 2010.